1 Grove Street

Active

Tonawanda - City NY, 14150

$514,999

$65.27 per sqft

Active

7,890 sqft

Commercial

Built in 1900

Discover a prime mixed-use opportunity at 1 Grove Street, Tonawanda, NY! This corner lot property features a bright, move-in-ready office space on the main floor, freshly painted and perfect for immediate occupancy. The unique garage offers flexible storage or workshop options, with one space currently rented at $250/month. On the second floor, you'll find four residential units (one ready for renovation). Benefit from plenty of street parking, plus dedicated spaces for four cars. Located near Niagara River attractions, restaurants, and shops, it's ideally priced with a 7% CAP rate--plant your business on the main floor and let rental income cover your expenses! Cross listed as MULTI RESIDENTIAL under MLS# B1574688

B1572451

MLSⓇ ID

October 28, 2024

Listed

December 17, 2024

Updated

Map

1 Grove Street
Tonawanda - City NY, 14150

Interior Features

Total Stories: 2
Fireplace: No
Cooling: Yes
Cooling Description: Other, See Remarks
Heating: Yes
Heating Description: Gas, Other, See Remarks

Exterior/Building Features

Lot Size: 0.14 Acres
Roof: Flat
Sewer: Public Sewer

School Information

School District: Tonawanda City

Other Property Details

Area Name: Tonawanda-City-141600
Taxes: $5,190
Tax Frequency: Annually
Days on Market: 50
Garage: No
Parking: Common, Indoor
Parking Total: 3
View: No
County: Erie
Municipality: Not Applicable
Water Source: Public
Pool: No
Zoning: Commercial

Listing History

Date	Event	Price
12/17/2024	Price change	$514,999 -2%

Courtesy of Buffalo Property Partners LLC, Christopher P Wietig

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Michael Boland, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Data last updated 6:13 PM UTC, 12/17/2024